Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

Louisiana · Ranked 339 of 1033 by CEO pay.

Lafayette General Medical Center

Patrick W Gandy, Chief Executive Officer-Lghs. Fiscal year ending 2024-12.

$1.2M
CEO total compensation
Form 990 Part VII, columns D+E+F
0.76%
of expenses spent on charity care
Schedule H Part I line 7a
15.5%
CEO pay as a share of all charity care
Patrick W Gandy’s pay of $1,218,547 equals 15.5 percent of the $7,854,586 the system spent on charity care in the same year.

Most of the reported compensation ($1,109,496 of $1,218,547) came from a related organization (Part VII column E) and was reported on this filing.

§1The filing

Total revenue
$1,092,347,333
Total expenses
$1,034,965,244
Net assets
$1,142,647,919
Employees
0
Hospitals covered
5 facilities across 3 filings
Charity care, net
$7,854,586
Bad debt
$24,233,543
Medicare surplus (shortfall), as filed
($10,603,605)
CEO pay from the organization (Part VII col. D)
$0
From related organizations (col. E)
$1,109,496
Other compensation, including deferred pay and nontaxable benefits (col. F)
$109,051
CEO total compensation (D+E+F)
$1,218,547 to Patrick W Gandy

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Lafayette General Medical Center, EIN 72-0535375, fiscal year ending 2024-12, as published by the IRS. CEO identification: ceo title multiple.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$15.1M Of which charity care to patients who could not pay (line 7a)$7.9M (52%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($24.2M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

§3Filings in this system

Filing entityEINFY endRevenueCharity care% of expensesFiling
Lafayette General Medical Center Inc72-05353752024-12$734.9M$6.5M0.95%990
Lafayette General Health System Inc38-36468172024-12$301.4M$817,9820.28%990
Acadia General Hospital Inc46-49581522024-12$56.0M$576,0720.99%990

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Lafayette General Medical Center: CEO pay $1.2M, charity care 0.76% of expenses